In a direct challenge to the directive of President Muhammadu Buhari, the Governor of Kaduna State, Nasir El-Rufai, has asked residents of the state to accept the old N500 and N1000 notes as legal tender.
Mr El-Rufai gave the directive in a broadcast to residents of the state on Thursday night.
During the broadcast, Mr El-Rufai described the naira redesign policy as a weapon by members of the ruling party and close allies of President Buhari bent on stopping the presidential candidate of the ruling All Progressives Congress (APC), Bola Tinubu, from winning the 25 February election.
Describing the policy as “mindless”, Mr El-Rufai said it has caused untold hardship for ordinary people of the state, who he said are victims of the policy.
“The sad fact is that the victims of these mindless policies are the people that elected us. It is their welfare that is being threatened. Many of our people have been left in a situation where the money they put in banks has…